Shareholder Activism

It’s all over but the chanting, which seemingly will continue unabated until religious shareholder activists bring energy companies to heel. What the Interfaith Center on Corporate Responsibility hyperbolically billed as “a watershed year” trickled into a puddle of disappointment yesterday for shareholder activists’ climate-change resolutions. Continue Reading...

By now, readers should be aware of the campaign waged against the Competitive Enterprise Institute led by Al Gore and a cadre of attorneys generals with New York Attorney General Eric Schneiderman at the top of the rogues’ gallery. Continue Reading...

Your writer lives beyond the outskirts of Midland, Michigan, a small Midwestern town that is buoyed fortuitously by a Fortune 50 company. It’s a nifty place: Population around 50,000, a plethora of parks and bike trails, three rivers converging west of town, relatively low crime rate, and plenty of establishments of both the local and national variety in which to dine out. Continue Reading...

Divination, bearing false witness and pantheism are three no-no’s of Christianity. You could look it up. I know from personal experience that many of my fellow pewsitters in the Catholic tradition fail in their attempts to obey the strictures of the faith by seeking out tarot cards, Ouija boards, horoscopes and the like. Continue Reading...

What is it with nuns crusading against corporate lobbying? This fad of recent years has grabbed headlines as orders such as the Sisters of Mercy and the Benedictine Sisters of Virginia gravitated toward political actions as members of shareholder activist group the Interfaith Center on Corporate Responsibility. Continue Reading...

From your writer’s experience covering religious shareholder activism the past few years, the phrase “enlightened engagement in the capital markets” is a trigger warning for a whole lotta hollow slogans to follow. Continue Reading...

Boston Common Asset Management bills itself as “a leader in global sustainability initiatives.” Why would an investment portfolio management company label itself with the appellation “Common” when it carries such negative baggage? Continue Reading...

The Interfaith Center on Corporate Responsibility, shareholder activists of the corporate God-fly variety, are gearing up for the May 25 ExxonMobil Corporation annual general meeting. The ICCR agenda isn’t about maximizing shareholder value, but seems far more intent on reducing it. Continue Reading...

It’s been a while since your writer began reporting on religious shareholder activism in this space. The term “religious” is used here to describe the vocations of the priests, nuns, clergy and other religious involved in shareholder activism – rather than serving as an accurate descriptor for essentially progressive political and social activities. Continue Reading...